Morningstar

PGIM High Yield Fund- Class R4 PHYGX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 4.78  /  0.00
  • Total Assets 22.5B
  • Adj. Expense Ratio
    0.660%
  • Expense Ratio 0.660%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 6.80%
  • Effective Duration 3.14 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:41 AM GMT+0

Morningstar’s Analysis PHYGX

Will PHYGX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHYGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHYGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PHYGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

As reliable as they come.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

PGIM High Yield combines industry-leading research rigor with a differentiated relative value process. It remains among the top broad-market options in the high-yield bond Morningstar Category.

by Max Curtin
Rated on Published on

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Portfolio Holdings PHYGX

More PHYGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PGIM Active High Yield Bond ETF

2.27 504M
—

Prudential Govt Money Mkt Fd

1.41 313M
Cash and Equivalents

PGIM AAA CLO ETF

1.04 231M
—

Digicel Intl Fin Ltd Common Equity

0.99 220M
—

Radiate Holdco Llc

0.90 200M
Corporate

DISH DBS Corporation 7.75%

0.79 175M
Cash and Equivalents

United States Treasury Notes 3.375%

0.77 172M
Government

United States Treasury Notes 3.875%

0.68 151M
Government

Carvana Co 9%

0.66 146M
Corporate

Ferrellgas Escrow Llc 3/30/31 Preferred

0.65 145M
Corporate

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